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Takaful Products Demand increase, Islamic insurance (Takaful) products is strong yet accessibility and capacity are among the most pressing issues facing the sector, an industry-wide survey released on Thursday showed. Takaful serves as a bellwether of consumer appetite for Islamic financial products, a sector which has its core markets in the Middle East and Southeast Asia and is expected to ... Read More »

Do you know how important is estate planing. YOUR ESTATE IS THE SUM OF A LIFETIME OF HARD WORK, SMART INVESTING AND SENSIBLE FINANCIAL PLANNING. IT IS YOUR GREATEST LEGACY TO YOUR LOVED ONES. No matter how young or old you are, you much wealth you have amassed, whether you’re married with children or single, everyone can benefit from developing ... Read More »

Asians are less inclined to buy insurance than people in the West because they rely more on informal insurance such as a family network. This article responds to a comment on my last blog about earthquake insurance by a reader who noted that many Asians are not keen on purchasing insurance plan because they find it too expensive, claims officers ... Read More »

Estate planning clients have purchased life insurance over the years for a variety of reasons: paying estate taxes, making charitable gifts, buying out business partners, and providing income for surviving spouses, among many others. Read More »

Losing a job is one of the worst things to happen, especially if you have a family to support, have kids to send to school and have monthly bills to pay.We are not talking about taking a sabbatical from work or leaving a job to pursue other passions and interests, but an involuntary job loss, something that happens when you ... Read More »

OVER the last three years, most insurance companies in the country relied on government securities that were offering quite handsome returns for their investment income.With yields on government bonds and treasury bills now lower, these companies expect to shore up their earnings by investing in stocks.However, sustained profitability of insurance firms is also ensured by accelerated sales of insurance policies, ... Read More »

Standard Chartered, EFU General Insurance launch home protection plan Standard Chartered Bank’s partnership with EFU General Insurance Limited has resulted in the development of a new annual insurance product – Home Protection Plan. As the Bank continues to invest in technology and innovation, the Home Protection Plan, underwritten by EFU General will cover customers against loss in the event of ... Read More »

Jubilee Life Insurance has made a profit of Rs127.3 million in the first quarter of 2013, up by 8.5% from the corresponding three-month period in 2012, according to a notice sent to the Karachi Stock Exchange on Thursday Jubilee Life Insurance has made a profit of Rs127.3 million in the first quarter of 2013, up by 8.5% from the corresponding ... Read More »